The company guided for a shift from Consumer channel volume to lower-margin Contract Manufacturing volume, which will pressure margins further. Watch the Q2 2027 filing for evidence of margin stabilization and whether the new contract manufacturing customer volume can offset the consumer decline.
Price Chart
Executive Summary
John B. Sanfilippo & Son reported fiscal Q1 2027 results with net sales of $288.1M, down 3.5% YoY, and diluted EPS of $1.11, down 30.2% from $1.59 in the prior year. Both revenue and EPS missed consensus estimates of $306.9M and $1.53, respectively, driven by a 3.6% decline in weighted average selling price per pound, competitive pricing pressure, and higher operating expenses.
Key Financial Metrics
Key Facts
- Net sales decreased 3.5% to $288.1M from $298.7M in the prior year quarter
- Diluted EPS decreased 30.2% to $1.11 from $1.59
- Gross profit margin declined to 17.0% from 18.1%
- Sales volume was flat at 90.5 million pounds
- Consumer distribution channel volume declined 6.7%
- Total operating expenses increased $2.5M to $29.6M, rising to 10.3% of net sales from 9.1%
- Weighted average cost per pound of raw nut input stock decreased 20.6% year over year
Financial Impact
Revenue miss of $18.8M vs consensus ($288.1M actual vs $306.9M estimate); EPS miss of $0.42 vs consensus ($1.11 actual vs $1.53 estimate)
Segment Breakdown
| Segment | Growth |
|---|---|
| Consumer Distribution Channel | -6.7% |
| Commercial Ingredients Distribution Channel | +3.7% |
| Contract Manufacturing Distribution Channel | +41.3% |
Risk Factors
- Continued consumer channel softness and category headwinds in snack and trail mix
- Competitive pricing pressure and unfavorable product mix shift to lower-priced items
- Higher operating expenses (freight, repairs, rent, compensation) squeezing margins
- Shift to contract manufacturing volume may structurally lower overall gross margins
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-436158 |
| Document: jbss-20261028.htm | 0001193125-26-436158 |
| Document: 0001193125-26-436158-index-headers.html | 0001193125-26-436158 |
| Document: 0001193125-26-436158-index.html | 0001193125-26-436158 |
| Document: 0001193125-26-436158.txt | 0001193125-26-436158 |
| 8-K Data (Synthetic) | 0001193125-26-436158 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 today | 8-K/A | $57.82 | awaiting T+1 | awaiting T+1 | $53.90 (+6.78%) |
Oct 28, 2026 2d ago | 8-K | $56.47 $53.90 | ▲ +4.55% | ▲ +2.78% | $53.90 (+4.55%) |
Oct 21, 2026 9d ago | Press Release | $68.27 | awaiting T+1 | awaiting T+1 | $53.90 (−21.05%) |
Oct 20, 2026 10d ago | DEFA14A | $65.71 $68.27 | ▲ +3.90% | ▲ +5.08% | $53.90 (−17.97%) |
Aug 25, 2026 9w ago | 8-K | $74.83 $75.76 | ▲ +1.24% | ▲ +1.22% | $53.90 (−27.97%) |
Apr 22, 2026 27w ago | Press Release | $79.95 | awaiting T+1 | awaiting T+1 | $53.90 (−32.58%) |
Mar 2, 2026 34w ago | Insider Cluster | $81.30 $78.79 | ▲ +3.09% | ▲ +2.18% | $53.90 (+33.70%) |
US Market Status
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